Archinect - News2024-05-18T20:21:23-04:00https://archinect.com/news/article/150351942/top-10-u-s-contractors-ranked-by-engineering-news-record
Top 10 U.S. contractors ranked by Engineering News-Record Niall Patrick Walsh2023-06-02T15:34:00-04:00>2024-03-15T01:45:58-04:00
<img src="https://archinect.gumlet.io/uploads/11/1124ac754b71a6b08a44e827e59af371.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p><em>Engineering News-Record</em> has released its <a href="https://www.enr.com/toplists/2023-Top-400-Contractors-1-preview" target="_blank">2023 rankings</a>, listing the top commercial contractors in the United States. The companies were ranked by construction revenue in 2022.</p>
<p>New York dominates the top 10 ranking with three firms, including the top spot, becoming the only state to hold more than one contractor in the top 10. In their <a href="https://www.enr.com/articles/56502-enrs-2023-top-400-contractors-uncertainty-looms-over-market" target="_blank">reflection of the rankings</a>, ENR pointed to uncertainty among contractors over how the construction industry should prefer for economic slowdowns.</p>
<p>“As economic uncertainty swirls around the Capitol Hill debt limit negotiations, some Top 400 contractors are worried about reaching the limit of their ability to keep projects profitable,” ENR commented on the report. “Through years of pandemic-induced cost volatility and workforce shortages, firms have kept their revenue and backlogs strong by strategies that include value engineering. But can they also value engineer economic confidence?”</p>
<figure><figure><a href="https://archinect.gumlet.io/uploads/46/46be85e146d12cce77dd0a880f98235d.jpg?auto=compress%2Cformat&w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/46/46be85e146d12cce77dd0a880f98235d.jpg?auto=compress%2Cformat&w=514"></a><figcaption>Related on Archinect: <a href="https://archinect.com/news/article/150350362/construction-starts-fall-4-in-april-due-to-steep-decline-in-manufacturing" target="_blank">Construction starts fall 4% in April due to st...</a></figcaption></figure></figure>